MoneyPotter
commented on
Fear & Greed index hits 76, Extreme Greed, for the first time since the July 2023 stock market peak.
The S&P 500 is now up 650 points since the October 27th low.
That's a 16% rally in 36 trading days, an average of 18 points higher per trading day.
To put this in perspective, the median ANNUAL return for the S&P 500 is +10% per year.
We are approaching DOUBLE the median annual performance for the index after just 36 trading days.
Is this the strongest market of all time?
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
The S&P 500 is now up 650 points since the October 27th low.
That's a 16% rally in 36 trading days, an average of 18 points higher per trading day.
To put this in perspective, the median ANNUAL return for the S&P 500 is +10% per year.
We are approaching DOUBLE the median annual performance for the index after just 36 trading days.
Is this the strongest market of all time?
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
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MoneyPotter
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$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ what do you expect for Monday?
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MoneyPotter
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FEDs all will be talking throughout the week. Wonder what they will say to move markets. it's going to be a very volatile week.
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
There is no clear buy or sell signal now. Based off my video the bias is still down. watch to understand better. there are many factors to consider if this was going to be the next bull rally despite it might seem like it is. but there are many similarities of this correction to the 2018 one. which both happens to be a wave 4 correction. only one for primary structure ...
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MoneyPotter
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Everyone has been calling BTFD! Have we truly bottomed?
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
Based off my analysis, we still have yet to complete the measured move down to 12200 on the $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ and around 4000 on the $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ .
There is still tons of downside from here. As much as it seems like a reversal the past 3 days, bearish divergences have been starting to form again signifying downside coming. Everytime we form regular bearish divergence on the 4...
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MoneyPotter
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What are we to expect from FOMC today? 25BP is what I know the FEDs want as they can't service their current and future debts with high interest rates. But 50BP I feel might be their move as inflation has yet to peak despite all the promises since 2021. Let's see tonight.
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
Yields have inversed on the 7yr and $Cboe Interest Rate 10 Year T Note (.TNX.US)$ and the spread between the 2yr and 10yr is getting tighter signalling incoming inverse curve which I have been warning since 16th Jan. Yesterday ...
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MoneyPotter
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This year so far has been a very fruitful year. and it's only been 3 months!
This week will also be a very interesting one. Whether you are on the bull or bear side, your portfolio will show if you are on the right side.
Capitulation is coming. Many new investors again will get another shock on why their favourite stocks still keep selling off like there is no end.
Is the bear market really here?! With the recent news of war, inflation, FED's decision for interest rate hikes, commodities spik...
This week will also be a very interesting one. Whether you are on the bull or bear side, your portfolio will show if you are on the right side.
Capitulation is coming. Many new investors again will get another shock on why their favourite stocks still keep selling off like there is no end.
Is the bear market really here?! With the recent news of war, inflation, FED's decision for interest rate hikes, commodities spik...
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MoneyPotter
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How are some of the ways I use the EMA?
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
I often use the EMA to check of existing trend and also to give me a dynamic support/resistance to open a position.
EMA is often used by me as when I'm doing Day trading or swing trading. I use it on the all time frames from the 1min up to the daily, weekly and monthly charts. I will show you some examples on the futures chart as you can see below $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
How to use it for Day trading:
You can see the ...
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MoneyPotter
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Are we about to get a double bottom or a new low?! It's all pointing to one outcome and only one. new lows. do watch the video to understand more. don't be stubborn and go against the trend. it's the fastest way to lose your money.
we are very close to a bottom and the end of the correction. catalyst is stated in the video. watch to find out. price targets for the correction conclusion is also stated so you know what levels to start buying in at.
stocks tagged inside all has their technical ...
we are very close to a bottom and the end of the correction. catalyst is stated in the video. watch to find out. price targets for the correction conclusion is also stated so you know what levels to start buying in at.
stocks tagged inside all has their technical ...
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MoneyPotter
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We are on the way to break the prior lows and create a lower low. As we are on wave 3 now and also possibly the final wave down before we conclude the correction, it is going to be the leg that is the fastest and the one that catches everyone off guard.
Smart money has trapped most retailers by now playing with everyone feelings going up and down each time creating a lower low and lower high. after trapping, it's time to now flush them out.
This will be the leg where margin calls will activat...
Smart money has trapped most retailers by now playing with everyone feelings going up and down each time creating a lower low and lower high. after trapping, it's time to now flush them out.
This will be the leg where margin calls will activat...
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MoneyPotter : Why? Future down and sqqq also down?